Homes near grass court tennis clubs in the UK attract a price premium

Taylor Scott International News

With the most popular tennis tournament in the UK due to start in Wimbledon new research reveals that property in the area is the most expensive near a tennis venue in the world. Average property prices in Wimbledon Village currently stand at £1,591,939 compared to just £459,957 near the French Open ground of Roland Garros, according to the data compiled by online estate agents HouseSimple. This compared to £604,932 near Melbourne Park, the Australian Open venue and £466,193 close to the site of the US Open in Flushing Meadows. However, average property prices across the whole of the SW19 postcode are are a little more reasonable at £874,857. But those seeking a property next to some of the other tennis clubs with grass courts in the UK will also have to pay a lot more than surrounding areas with a premium of as much as 282%. For example, the average price of property near to the Holland Park Lawn Tennis Club is just over £4.34 million, some 281.5% more than the average of £1,138,333 for that postcode area. Slightly more affordable, are property prices near to the Halton Tennis Centre, close to Aylesbury, in Buckinghamshire. At an average of £642,917, they are 54.6% higher than the £415,783 for the postcode area. Similarly for homes next to the Hurlingham Club in south west London the average price is £2,694,130 compared to the average in the area of £1,110,978, a difference of 142.5%. But there is not much difference around the Queen’s Club, also in south west London, with just 0.2% price differential. Alex Gosling, the firm’s chief executive officer, pointed out that property prices close to the Wimbledon Championships pale in comparison to average prices next to the Holland Park Lawn Tennis Club. ‘Even if you combined the men’s and women’s winner’s cheques, they still wouldn’t cover the average price of a property in the area,’ he added. Taylor Scott International

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